Yuval Shram Of Tay Investments Secures $35.75M Refinance Loan Through Berkadia For 829 Garfield Avenue

The property asset involved in this transaction is a multifamily building located at 829 Garfield Avenue in Jersey City, comprising 110 units. The transaction is a refinance with a loan amount of $35,750,000, secured through berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia with Fannie Mae. The loan features fixed-rate terms for a five-year duration.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $35,750,000
• Address: 829 Garfield Avenue
• Market: Jersey City
• Lender: berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia - Fannie Mae
• Landlord: Yuval Shram - Tay Investments
• Loan Type: Refinance
• Loan Terms: Fixed-rate, five year term
• Broker Representatives: Mitch Sinberg, Michael Basinski, Scott Wadler, Brad Williamson, Matt Robbins & Matt Jackson - berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia

The deal is supported by a team of brokers representing it, including Mitch Sinberg, Michael Basinski, Scott Wadler, Brad Williamson, Matt Robbins, and Matt Jackson, all affiliated with berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia. Their involvement signifies a coordinated effort to navigate the refinancing process effectively for the landlord, Yuval Shram of Tay Investments.